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Reporting Accounts news from 25th January 2021

2 min / Published

In today's podcast Adrian Lawrence our in house financial expert talks about Dyson the vacuum cleaner and innovation company.  They are making a claim against the EU for £200m of damages.  The claim is based on flawed tests which favoured convential vacuum cleaners instead of dyson's bagless versions, the test were based on empty bags which in a conventional vacuum takes more energy in the real world than in the test conditions.   

Because Dyson's vacuum clearer are bagless they use a steady amount of energy if they are full or empty and hence their issues with the test used by the EU.

Dyson originally lost the case but won on appeal and the rating standard as annulled in a consumer victory, Dyson now want to get compensation for their lost sales.

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